Property Description

An excellent opportunity to purchase a stand-alone NNN Boulder Tap House built in 2023 with 9.5 years remaining. The lease has four 5-year renewals with 10% increases for every option.
Westdale is strategically located on Edgewood Rd with seamless access from Hwy 30 and I-380, giving investors the opportunity to purchase an infill shopping center in a growing and positive area of the Corridor.
Built in 1979, Westdale was originally comprised of a 900,000 SF traditional two-story enclosed Shopping Mall. In 2014, the mall went through a transformative redevelopment. Now boasting five major big box retail buildings & numerous development pads across 40 acres, Westdale is a vibrant hub of commerce & community. With a diverse tenant mix, including PetSmart, Ross Dress for Less, Michael’s, Burlington, JCPenney, GSA (VA Clinic) and more, currently 100% occupied, drawing from local, regional, and national markets.

Features
: Central Air
: See Remarks
: Public Sewer
: See Remarks
Address Map
IA
Linn
Cedar Rapids
52404
Westdale
4515
Parkway
E0° 0' 36''
N0° 0' 36''
From Hwy 30 take Exit 250 toward Edgewood Rd. Turn right onto Edgewood RD SW. Turn left toward Westdale Pkwy. Turn right onto Westdale Pkwy SW.
OT-W (West of I-380)
SW
S-MR
MLS Addon
Cushman & Wakefield Iowa Commercial Advisors
Ryan Fitzpatrick
$0
$0
$0
$0
$0
Additional Information
Restaurant
: See Remarks
See Remarks
59677
2024-08-26
https://www.propertypanorama.com/instaview/cdr/2406071
: Public
Financial
21714.0
Listing Information
Parker Ridge
RIDGEPARKER121
CCWICA
Cushman & Wakefield Iowa Commercial Advisors
FITZPATRICKR121
CCWICA
Cash
Active
2024-12-04T21:54:32Z
CDR
2024-12-04T15:54:10Z

4515 Westdale Parkway Sw, Cedar Rapids, Iowa 52404 - Commercial Sale For Sale

4515 Westdale Parkway Sw, Cedar Rapids, Iowa 52404

5,500
$2,415,479
Listing ID #2406071
Basic Details
Property Type : Commercial Sale
Listing Type : For Sale
Listing ID : 2406071
Price : $2,415,479
Square Footage : 5,500
Year Built : 2023
Lot Area : 1.37 Acre
Status : Active
Property Sub Type : Retail
Roof : See Remarks
Agent info
Twenty40 Real Estate + Development
2496 Roycroft Alley
Contact Agent